OPC private Limited Company Annual compliance

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OPC private Limited Company Annual compliance

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Annual Compliances OPC( One Person Company)


OPC (One-Person-Company) is also one of the simplest forms of business registration. But as we all understand, with every company registration, there are essential compliances associated with it. These compliances are compulsory to follow after your business gets registration.

OPC comes with the feature of an independent entity that needs to continue its active conditions with continuous filing with MCA. Every registered company is required to submit audited financial records, balance sheets and statements, and annual returns with MCA for each financial year. Moreover, the company must file ROC in terms of turnover; it doesn’t matter whether its yearly turnover is zero or in crores; the company needs to file annual compliances compulsorily.

Annual returns contain documents such as compliance certificates, Company balance sheet, profit and loss account, Members Register, Registered office address, loan and debt information of company’s management, share, equity, mutual funds, other investment details, etc. Changes in directorship, new appointments, salary, security transfer, and shareholding structure also come in annual returns.

Apart from MCA annual return, one person company needs to submit an Income tax return regardless of loss or profit and income. Therefore an inactive company that has no financial transaction needs to file ITR every year. OPC, a Private limited company, the limited company has to submit form ITR-6. They need to file ITR before 30th September of the financial year.

We will discuss essentials for OPC Private Limited Company’s in India in detail.

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Annual Return Filing (Form MGT-7)

Every OPC company must submit its Annual Return within 2 months of organizing the Annual general meeting. The period of Annual Return will be from 1st April to 31st March.

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Annual General Meeting

Every OPC must organize an AGM every financial year. The AGM must be held within 6 months before the ending of the Financial Year.

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Annual General Meeting

The company needs to designate an Auditor for the tenure of 5 years, and the ADT-1 form will be submitted for 5 years of joining. The company must appoint the first auditor within 30 days of the company registration.

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Statutory Audit of Accounts


All registered companies need to create account statements, and Chartered Accountants should audit these accounts at the closing of the financial year mandatorily. The audit financial statement and report must be filed with the Registrar.

Filing of Financial Statements (Form AOC-4)


All OPC companies must hand over profit and loss account, balance sheet, and Director Report within one month of organizing the Annual general meeting.

Directors’ Report Creation(Form AOC-4)


Director’s reports need to be prepared, which must mention all the required details under section 134.

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Income Tax Return


Whether the company has earned crores or witnessed nil income, Income Tax Return is compulsory to file.
Therefore even inactive companies with nil financial transactions are needed to submit an income tax return every year.
How CSFiling Online Pvt Ltd help in OPC Annual Compliance Filing
We understand that as a businessman, it is hard for you; aware of compliances related to the OPC Company. We help you to give you detailed information about the annual compliances for your company.
Our experts, including Chartered Accountants, Company Secretaries, and many other talented people, will help file different documents as per compliances.
We ensure to save your money and time so that you can freely concentrate on your business.
We understand the guidelines of company registration and compliances related to it. You can call us any time to understand these terms, and we will always be ready to help you.

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GST Return Filing


Every company that has acquired a GST registration number must file the GST return. Companies need to file GST returns on a monthly, quarterly, and yearly basis.

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